Silver Passes $49!! SHORT SQUEEZE IN PROCESS!

HELLO SHORT SQUEEZE! After gapping up on the Asian open, silver has just gone vertical, taking out $48.50, and last touching $49.01!  At this pace silver will be looking back at $50 by COMEX open.
We are looking at a possibility of The Morgue finally bailing on their shorts in the next 48 hours as the bleeding has now turned to a river of blood.

UPDATE: $49.19. It's going down now folks. There may not be a JP Morgan left in the morning.

UPDATE 2: $49.72!

UPDATE 3: $49.85   - 3 minutes ago when we said it looks like silver will be above $50 before the Comex was open we didn't think it would be in the next 5 minutes!